Tag: Mortgage


  • Repossession Credit Scores: What You Need to Know

    One of the harsh truths of secured loans is that your asset can be repossessed if you fail to make the payments. In the words of the FTC, “your consumer rights may be limited” if you miss your monthly payments, and when that happens, both your financial situation and your bank balance will take a […]

    Repossession Credit Scores: What You Need to Know is a post from Pocket Your Dollars.

  • Mortgage Rates vs. the Stock Market

    Mortgage match-ups: “Mortgage rates vs. the stock market.” With all the recent stock market volatility, you may be wondering what effect such events have on mortgage rates. Do mortgage rates go up if stocks go down and vice versa? Or do they move in relative lockstep? Let’s find out! Stocks and Mortgage Rates Follow the [&hellip

    The post Mortgage Rates vs. the Stock Market first appeared on The Truth About Mortgage.

  • An Alternative to Paying Mortgage Points

    If and when you take out a mortgage, you’ll be faced with an important choice. To pay or not pay mortgage points. In short, those who pay points should hypothetically secure a lower interest rate than those who do not pay points, all else being equal. That’s because mortgage points, at least the ones that [&hellip

    The post An Alternative to Paying Mortgage Points first appeared on The Truth About Mortgage.

  • 15-Year Fixed Mortgage Rates Just Hit Record Lows: Should You Consider One?

    While 30-year fixed mortgage rates tend to steal all the headlines, 15-year fixed mortgage rates quietly reached record lows this week as well, per Freddie Mac’s weekly survey. This morning, Freddie announced that the 30-year fixed fell to a new record low 2.65%, down from 2.67% last week. That was the first record low of [&hellip

    The post 15-Year Fixed Mortgage Rates Just Hit Record Lows: Should You Consider One? first appeared on The Truth About Mortgage.

  • You Can Now Request COVID-Related Mortgage Forbearance for Up to 15 Months

    Some good news for homeowners struggling to make ends meet thanks to COVID-19, which as the name implies has been going on for a while now. The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, has just announced an extension to the COVID forbearance period, which was previously capped at 360 [&hellip

    The post You Can Now Request COVID-Related Mortgage Forbearance for Up to 15 Months first appeared on The Truth About Mortgage.

  • Do You Need Termite Inspection When Buying a Home? 4 Reasons To Call Pest Control

    If you’re not sure whether you need a termite inspection, here are some solid reasons why you should make an appointment with a pest control company.

    The post Do You Need Termite Inspection When Buying a Home? 4 Reasons To Call Pest Control appeared first on Real Estate News & Insights | realtor.com®.

  • 6 Things Your Mortgage Lender Wants You To Know About Getting a Home Loan During COVID-19

    Getting a mortgage, paying a mortgage, refinancing a mortgage: These are all major undertakings, but during a pandemic, lending becomes a lot more complicated.

    The post 6 Things Your Mortgage Lender Wants You To Know About Getting a Home Loan During COVID-19 appeared first on Real Estate News & Insights | realtor.com®.

  • What You Need to Know About Budgeting for Maternity Leave

    Follow these four steps to financially prepare for your maternity leave.

    The post What You Need to Know About Budgeting for Maternity Leave appeared first on Discover Bank – Banking Topics Blog.